Wednesday, April 5, 2017

Technical Analysis Apr 2017: WCEHB (3565)


WCE HOLDINGS BERHAD 

Observation from Chart:-

WCEHB (3565) forming ascending triangle pattern.

Will it breakout & go higher?

Other indicator:-
MACD trade at positive region, uptrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate support @ RM1.27 level.
Subsequent support @ RM1.24 level.

Immediate resistance @ RM1.35 level
If breakout, higher high is confirm. Uptrend will resume.

Let's watch closely.

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